Plains Gp Holdings (PAGP) Tax Rate (2012 - 2026)
Plains Gp Holdings' (PAGP) quarterly Tax Rate came in at 64.86% in Q1 2026, up 5662.0% year-on-year from 1.13% in Q1 2025, and up 1201.35% on a QoQ basis from 4.98% in Q4 2025.
Plains Gp Holdings (PAGP) Tax Rate (2012 - 2026) Analysis & Trends
Plains Gp Holdings (PAGP) has 15 years of Tax Rate data on file, last reported at 64.86% in Q1 2026.
- On a quarterly basis, Tax Rate rose 5662.0% year-over-year to 64.86% in Q1 2026; TTM through Mar 2026 was 19.61%, a 443.0% increase from a year earlier, with the FY2025 full-year figure at 6.59%, down 628.0% from the prior year.
- Tax Rate for Q1 2026 stood at 64.86%, up from 4.98% in the prior quarter.
- Over the last five years, Tax Rate for PAGP reached as high as 86.67% in Q4 2024 and fell as low as 0.44% in Q2 2025.
- Historically, Tax Rate has averaged 19.67% across 5 years, with a median of 10.17% in 2022.
- Across the five-year window, Tax Rate surged 7308 bps in 2024 and plunged 8168 bps in 2025, its largest moves.
- Year by year, Tax Rate stood at 58.12% in 2022, then tumbled by 77 bps to 13.59% in 2023, then jumped by 538 bps to 86.67% in 2024, then tumbled by 94 bps to 4.98% in 2025, then surged by 1201 bps to 64.86% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 64.86% in Q1 2026, 4.98% in Q4 2025, and 6.55% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | -0.08% |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | -0.12% |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 23.33% |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 24.82% |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 1.45% |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 10.04% |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 6.40% |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 20.27% |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 24.00% |
| 10 | Plains Gp Holdings | 5.25 Bn | 5.07 Bn | 977.00 Mn | 64.86% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 64.86% |
| Mar 31, 2026 | 64.86% |
| Mar 31, 2026 | 64.86% |
| Dec 31, 2025 | 4.98% |
| Dec 31, 2025 | 4.98% |
| Dec 31, 2025 | 4.98% |
| Sep 30, 2025 | 6.55% |
| Sep 30, 2025 | 6.55% |
| Sep 30, 2025 | 6.55% |
| Jun 30, 2025 | 0.44% |
| Jun 30, 2025 | 0.44% |
| Jun 30, 2025 | 0.44% |
| Mar 31, 2025 | 8.25% |
| Mar 31, 2025 | 8.25% |
| Mar 31, 2025 | 8.25% |
| Dec 31, 2024 | 86.67% |
| Dec 31, 2024 | 86.67% |
| Dec 31, 2024 | 86.67% |
| Sep 30, 2024 | 1.95% |
| Sep 30, 2024 | 1.95% |